Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn in Secretary of the Department of the Treasury Scott Bessent to simultaneously lead the Consumer Financial Protection Bureau (CFPB) in an acting capacity.
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
Chopra, a Sen. Elizabeth Warren protege, was a surprising holdover from the Biden administration, given that many appointees ...
During Trump's first term, the Republican had picked Chopra as a Democratic member of the Federal Trade Commission.
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a ...
Trump fired Rohit Chopra, the agency's director and a Biden appointee, over the weekend and installed Scott Bessent, a ...
WASHINGTON, DC -Rohit Chopra has been removed as Director of the Consumer Financial Protection Bureau (CFPB), ending his five ...
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...
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